TeraWulf
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TeraWulf acquires Kentucky site for 1 GW AI data center
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TeraWulf announced the purchase of a Kentucky development site to support more than 1 gigawatt of AI and high-performance computing capacity. The bitcoin miner turned infrastructure developer saw its stock rise 13 percent following the news.
TeraWulf has signed a 20-year lease to provide AI infrastructure to Anthropic. The agreement is expected to generate $19 billion in revenue. Bitcoin mining stocks rose after the announcement.